|
A strategic price adjustment positions this waterfront home as a rare opportunity to secure immediate income potential from day one. The current owner is aligning both price and terms to attract a buyer who recognizes the long-term value and the ability to generate income through a leaseback arrangement, ideal for investors or buyers who are not quite ready to occupy but want to capitalize on today’s pricing.
Completed in 2023, this custom DM Dean waterfront canal-front residence presents a refined yet inviting interpretation of Florida coastal living, thoughtfully enhanced well beyond its original build. Purchased new from the builder, the home has since undergone over $200, 000 in curated upgrades, including extensive landscaping, outdoor living enhancements, and high-end finishes, resulting in a level of quality and completeness rarely found in new construction.
Upon entry, the home opens into a light-filled great room where coffered ceilings and expansive 90-degree sliding glass doors frame tranquil canal views, creating a seamless connection between indoor and outdoor living. The kitchen anchors the main living space with a striking waterfall-edge granite island, abundant cabinetry, and open sightlines designed for both everyday living and effortless entertaining.
The primary suite serves as a private retreat, featuring coffered ceilings and a spa-inspired en-suite with dual vanities and a walk-through tiled shower with dual shower heads. A secondary full suite offers exceptional flexibility with a private bedroom, en-suite bath, and walk-in closet, ideal for extended guests or multigenerational living. A separate den with its own dedicated A/C zone provides adaptable space for a home office, media room, or quiet escape.
Outdoor living takes center stage on the screened lanai, where a cypress wood ceiling adds warmth and architectural detail. The resort-style setting includes a heated pool with sun shelf and integrated spa, complemented by an outdoor kitchen with commercial-grade appliances, including a high-performance grill, power burner for seafood boils or wok cooking, and a professional exhaust hood. Mature landscaping enhances both privacy and curb appeal, while the seawall adds long-term value and functionality along the canal.
An adjacent lot is also under the same ownership and available separately, offering a rare opportunity to expand. With additional canal frontage, the parcel provides flexibility for future enhancements such as a detached garage, boat storage, recreational space, or further customization.
Located just minutes from Manasota Key, Englewood Beach, and Boca Grande, the home offers convenient access to Gulf beaches, boating, waterfront dining, and world-class fishing. This residence delivers a carefully curated balance of contemporary design, privacy, and elevated coastal living, further distinguished by thoughtful post-construction investment and a unique income-producing opportunity.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$989,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $791,200 | $791,200 | $791,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.247% | 6.183% |
| Monthly Tax Payment | $935 | $935 | $935 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,680 | $4,807 | $6,677 |
| Total Monthly Payment | $5,707 | $5,834 | $7,704 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.